I'd recommend getting to know a lot more local people within the space & regularly lean on them for what you need!

Insurance & Liability: Not all insurers will cover cannabis-related activity or premiums may be higher.If you're considering it, have a strong lease, get it reviewed by an attorney who specializes in cannabis law, and potentially obtain a higher security deposit.

You buy the note from the note holder and bid full payoff is the best way to secure the property- of course buying a note is not easy and you don't get to really pick a property - you also have no idea what interior looks like 

Some investors prefer to stay unlicensed so they can move more freely and just build strong agent relationships instead.If you’re already active or planning to go all in on flips and buy/sell regularly, it could be worth it.

While I suspect nothing is perfect and this is a valid concern, on the call they mentioned items to make it seem secure. 

Here’s what I include in my lender packet:Deal overview – address, photos, ARV, compsPurchase & rehab budget – detailed scope of work, timelinesExit strategy – flip, refinance, or rental (with estimated profit or cash flow)Security – how their loan will be protected (typically a promissory note + deed of trust)Track record – short summary of past deals or team experienceTerms – what I’m offering (interest rate, length of loan, points, payment terms)The key is transparency and communication.

Prioritize Preventative Maintenance: Regularly inspect properties and handle issues early.

Remember to post these videos to Facebook Live and YouTube regularly to potentially access a colossal audience of motivated sellers.Final ThoughtsClearly, using social media to attract and find motivated sellers is a great idea.

Just as regular exercise strengthens the body, disciplined financial management builds a solid foundation for future success.Yes, vigilance is the real lesson I am learning.

Hoping to secure some deals here in 2024.Dear @Dallas Maltby!